
My three-year-old (almost) niece has taken some recent fashion advice from Elton John. Somehow, I think her Nana had a hand in this ... is she trying to recruit more family members for our Elton John concert trips? … [Read more...]
Thoughts on Business, Politics, and Life from a Private Investor

My three-year-old (almost) niece has taken some recent fashion advice from Elton John. Somehow, I think her Nana had a hand in this ... is she trying to recruit more family members for our Elton John concert trips? … [Read more...]
A reader named Medusa wrote me and, to keep it short, explained that I shouldn't believe people should be rich because the Bible is against rich people, that I was going to die a miserable, lonely old man with no one who loved me because I saved my money instead of spending it, and that after reading a profile I wrote based on Federal Reserve data of the Capitalist Class in the United States, she was starting to consider the possibility that the rich were nothing but oppressors who steal from … [Read more...]
I can't stop listening to this ... I think it is the syncopation in the piano rhythm that I appreciate. Something about it reminds me of the Tumbleweed Connection album a la "Son of Your Father". … [Read more...]

Early in life, I developed a theory that there were five levels of building wealth that most self-made men (and women) go through to reach financial independence. It was started by my love for Carl Barks Scrooge McDuck comics. When I started reading the Federal Reserve reports of consumer wealth, empirical studies, and other sources of data, and discovered that 90% of those in the United States who are millionaires made the money on their own - that is, they did not inherit it - I … [Read more...]

My mom wasn't allowed to go see Elton John as a kid. She came from a very fundamentalist household and seeing a "homosexual" wasn't something God's people did, or so they were told. So, she would wait up at night and watch him on television instead of going to bed. Once she was old enough, she had all of his albums and when he walks out on stage (she's seem him twice - once in 2005 and then again last night), she is able to get some serious volume to her screams of joy. To this day, she … [Read more...]

There's a Good Chance That Were It Not for these Two Men, You Wouldn't Be Reading This Blog Right Now My mom, arguably as big of an Elton John fan as I am, took Aaron and me to the Billy Joel and Elton John Concert in Kansas City at the Sprint Center. (Thanks again mom!) My life was incalculably changed because of both Billy Joel and Elton John, as most of you who know me realize, and seeing them live together at the Sprint Center in Kansas City tonight was awesome. I had never seen … [Read more...]

This blog is a way for me to pass along some of the stuff I learn on the journey and the past year has taught me a lot about furniture, furniture buying, and what constitutes quality furniture. Tying that into our usual discussion of economics and finance, I think it provides a lot of valuable [...]

I’ve been thinking a lot about free trade, labor unions, American manufacturing, and free markets for the past few weeks. You know that, on the whole, American manufacturing is still as strong as it was in 1960. We still produce roughly $20 out of every $100 of world goods. The difference? Technology and, to [...]

Though the home renovations have gotten the most headlines due to their nature (constant onslaught of choices and tasks that need to be completed), one of the most important items on the agenda of the six-month project has been to drastically reduce my digital footprint. By the end of the program, I will have one personal presence [...]

This makes me sick. This high school is ranked in top 5% of high schools in the United States. The worst part of the video for me was the part where the kid says, “I was never taught that knowledge”. It’s not somebody else’s job to teach you, it is your job to seek out [...]
This is a great way to start the day … one of the reasons I love writing this blog. Joshua, [In American Households Continue to Deleverage But That Only Tells Part of the Story, you wrote] “The numbers are just figures on a sheet trying to explain human behavior. Study the behavior, what is driving [...]
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